Spotlight

Report:

Magic Quadrant for Security Information and Event Management

How does Gartner define the Security Information and Event Management market in 2024?

SIEM is a configurable security system of record that aggregates and analyzes security event data from on-premises and cloud environments. SIEM assists with response actions to mitigate issues that cause harm to the organization and satisfy compliance and reporting requirements. The security information and event management (SIEM) system must assist with: Aggregating and normalizing data from various IT and operational technology (OT) environments; Identifying and investigating security events of interest; Supporting manual and automated response actions; Maintaining and reporting on current and historical security events.

Key Facts for Magic Quadrant for Security Information and Event Management in 2024

Strategic Planning Assumptions

No strategic planning assumptions provided.

How was the Security Information and Event Management market evolved in 2024?

What product features are required to be included in this year's evaluation?

What are the common features of top products in the Security Information and Event Management space?

Scope Exclusions

Inclusion Criteria

Vendors must, among other requirements:

Ability to Execute — Relative Weighting

Completeness of Vision — Relative Weighting

FAQs

Q: What does this research cover?

A: This research evaluates 23 SIEM vendors based on their ability to execute and completeness of vision. It assesses cloud-native/SaaS SIEM solutions that provide security information and event management capabilities including data collection, threat detection, incident investigation, case management, reporting, and advanced capabilities like SOAR, UEBA, and TIP. The research covers vendors with global presence and significant market traction in the SIEM space.

Q: Who should use this research?

A: Security and risk management leaders evaluating SIEM providers should use this research to understand vendor positioning, strengths, and cautions. The research is particularly valuable for organizations seeking to implement or upgrade SIEM capabilities, compare vendor offerings against specific requirements, understand market trends and vendor strategies, and make informed decisions about SIEM investments based on their security operations maturity, deployment preferences (cloud vs on-premises), and specific use cases.

Q: What are the mandatory features of vendors included in this market?

A: To be included in this Magic Quadrant, vendors must provide: (1) Collection of infrastructure details and security-relevant data from a wide range of assets on-premises and/or in cloud; (2) Ability for end-users to self-develop, modify and maintain threat detection use cases utilizing correlation, analytic and signature-based methods; (3) SIEM vendor content and facility for client-created content in areas including analytics, data normalization, collection and enrichment; (4) Case management and support of incident response activities; (5) Report generation to support business, compliance and audit needs.

Q: What are some reasons for not being included in this report?

A:

  • Capabilities available only through managed services relationships
  • Products that do not provide both SIM and SEM capabilities
  • Insufficient number of vendor-provided collectors (less than 50)
  • Lack of formally recognized partnerships with major technology vendors (less than 10)
  • Insufficient revenue ($75 million threshold) or customer base (200 production customers)
  • Limited geographic presence (less than 15% revenue or 30 customers outside home region)
  • Insufficient marketing evidence in multiple geographic regions
  • Limited cloud platform hosting (less than three major geographic regions)
  • Missing required additional capabilities (need at least two of: federated search, data lake integration, long-term storage, SOAR, TIP, UEBA)

Q: What differentiates Ability to Execute vs. Completeness of Vision?

A: Ability to Execute evaluates a vendor's current product capabilities, market presence, sales success, customer experience, and operational capabilities - focusing on present performance and execution. Completeness of Vision assesses a vendor's understanding of market trends, strategic direction, innovation roadmap, and ability to anticipate future requirements - focusing on strategic vision and future positioning. Ability to Execute emphasizes tangible results and current market position, while Completeness of Vision emphasizes strategic thinking and market direction.

Reference

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